German businesses remain confident

first_img More From Our Partners Killer drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.com Tags: NULL German businesses remain confident Share GERMAN businesses have this month shrugged off weak markets and concerns about the health of the United States and are now as confident as they were in June 2007, according to the Ifo institute’s business climate index, which was published yesterday. The headline index rose to 106.7 from 106.2 in July while firms’ assessment of the current situation continued to rise to 108.2, from 106.8. Although the expectations index dipped slightly in August to 105.2 from 105.5, it remains far above its historical average, indicating that the manufacturing-led recovery in Europe’s largest economy is showing little sign of losing momentum.Hans-Werner Sinn, president of the German economic thinktank, said: “Manufacturing firms have reported a better business situation than in July. With regard to the six-month business outlook they are still very confident.”Societe Generale’s Klaus Baader said: “There is no sign whatsoever of a cyclical downturn in this survey which has historically provided a very reliable guide to growth.”Carsten Brzeski, economist at ING agreed: “The Ifo index reflects untarnished confidence and bodes very well for near-term growth prospects. Second quarter growth will remain exceptional. However, even with an inevitable shift into a lower gear in the second half of the year, the Eurozone’s growth engine will continue to run smoothly.” Show Comments ▼ KCS-content Wednesday 25 August 2010 8:40 pm whatsapp whatsapplast_img read more

Williamson Tea Kenya Limited (WTK.ke) 2010 Annual Report

first_imgWilliamson Tea Kenya Limited (WTK.ke) listed on the Nairobi Securities Exchange under the Food sector has released it’s 2010 annual report.For more information about Williamson Tea Kenya Limited (WTK.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Williamson Tea Kenya Limited (WTK.ke) company page on AfricanFinancials.Document: Williamson Tea Kenya Limited (WTK.ke)  2010 annual report.Company ProfileWilliamson Tea Kenya Limited cultivates, manufactures and sells tea in Kenya and exports to international markets. The company operates tea farms in Changoi, Kaimosi, Kapchorua and Tinderet. It is a fifth-generation tea farming business committed to growing high quality green tea leaf and produces a selection of loose-leaf tea and loose-leaf teabags. Well-known brands in its product range include Duchess Grey, Traditional Afternoon, Lifeboat Tea, Kenya Earth, Green Earl Grey, Purple Blush, Mint Garden, Earl Grey Purple, Purple Matcha and Green Matcha. Williamson Tea Kenya Plc also has interests in property investment and has a division which sells and services generators. Williamson Tea Kenya Plc is a subsidiary of Ngong Tea Holdings Limited. The head office is in Nairobi, Kenya. Williamson Tea Kenya Limited is listed on the Nairobi Securities Exchangelast_img read more